Aave Community Proposes Adding dlcBTC to Aave V3 on Ethereum and Arbitrum

Odaily News Odaily Planet Daily News The official governance forum shows that the Aave community has initiated a new proposal to add dlcBTC to Aave V3 on Ethereum and Arbitrum. dlcBTC is a decentralized packaged Bitcoin on the Ethereum chain, enabling Bitcoin holders to participate in DeFi protocols while retaining full ownership of their assets; it uses discrete log contracts (DLC) for secure cross-chain transactions, ensuring trustless and decentralized asset management.